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Midwest and Southeast Companies Face August 25 Application Deadline.

Business Editors


August 25 is the deadline for companies seeking venture capital investments to apply for the Great Midwest Venture Capital Conference (GMVCC).

Approximately 200 investors and other financial professionals are expected to attend the tenth annual GMVCC October 30-31 in Knoxville, Tennessee.

Indiana Business Modernization and Technology Corporation (BMT) of Indianapolis manages the conference through its Corporate Investment Services.

Technology 2020, located in Oak Ridge, TN, is BMT's partner in bringing the Great Midwest Venture Capital Conference to the Southeast for the first time.

"We are looking for high-growth companies who desire to tell investors their stories in the hopes of securing equity capital to support their growth strategies," said Lee Tapscott, director of Corporate Investment Services for BMT.

Tapscott added, "One of the greatest challenges facing technology-driven early-stage Midwestern and Southeastern companies is their ability to identify and attract high-risk capital. We have an excellent resource to help us address this challenge - the Great Midwest Venture Capital Conference. This conference's goal is to provide, in one place, professional investors that collectively represent billions of investment dollars."

Technology 2020 President and CEO Tom Rogers said, "We are thrilled to be bringing this group to our community to showcase some remarkable start-up companies as well as the beautiful mountains of East Tennessee. This is a unique opportunity for investors to get a glimpse of some very exciting young technology companies.

BMT, a private, not-for-profit corporation created by the Indiana General Assembly, provides manufacturing, technology, and business assistance to small-and medium-sized companies.

BMT's Corporate Investment Services is Indiana's most active investor in emerging, technology-driven high-growth companies with $75 million committed.

Technology 2020 leverages the unique technology resources in Tennessee to incubate new businesses and create private sector jobs. In pursuit of this mission, one of Technology 2020's priorities is to help new technology companies find the financial resources they need to grow.

Conference information is available on the GMVCC website, Application information for companies seeking funding is listed under "presenters" at the web site. Companies may also contact:

Bill Glennon

Indiana Business Modernization and Technology Corporation

One North Capitol Avenue, Suite 925

Indianapolis, Indiana 46204

Phone (800) 877-5182 ext. 230

Fax (317) 231-7177

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Publication:Business Wire
Date:Aug 10, 2000
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